Don't Claim Social Security If You Can't Answer These 4 Questions
Here's a startling fact from the Social Security Administration (SSA): "Among elderly Social Security beneficiaries, 37% of men and 42% of women receive 50% or more of their income from Social Security." It gets more startling, too: "... 12% of men and 15% of women rely on Social Security for 90% or more of their income."
Clearly, Social Security income will be vital to most of us. That's why we shouldn't make decisions or take actions regarding it until we have a solid understanding of at least the basics of Social Security. Here are four questions you should be able to answer, for example.
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Source Fool.com